The correct answer is $1820.
The formula for continuously compounded interest is
A = Pe^(rt), where P is the amount of principal, r is the interest rate expressed as a decimal number, and t is the number of years. Using our information, we have:
A = 950*e^(0.065*10) = 1819.76 ≈ 1820
The route will take four hours and fifteen minutes. If you start at 9:50 and count four hours, you'll get to 1:50, add ten to get to 2:00, then add 5 minutes to get to 2:05. Four hours plus ten minutes plus five minutes, 4:15.
Answer:
x=0.333
Step-by-step explanation:
12(3x)=12
36x=12
/36 on both sides
x=0.333